ESSENTIAL MATHEMATICS FOR ECONOMIC AND FINANCE
ECO1EME
Not currently offered
Credit points: 15
Subject outline
This subject is designed for students who have not studied calculus or its applications in economics, business and finance and for those students who feel they require stronger foundations in these important tools. The focus is on areas of basic mathematics that lead up to differential calculus. The pre-calculus topics to be covered include sets, number systems, functions, linear equations and certain simple non-linear equations. Students are introduced to differential calculus (univariate and multivariate). Each topic will be illustrated using applications from the disciplines of economics, finance and business. This subject provides a pathway to ECO2IQA (Introduction to Quantitative Analysis). The mathematics and its applications taught in ECO1EME are assumed knowledge in Consumers, Firms and Competition (ECO2CFC).
Faculty: Faculty of Business, Economics and Law
Credit points: 15
Subject Co-ordinator: Damien Eldridge
Available to Study Abroad Students: Yes
Subject year level: Year Level 1 - UG
Exchange Students: Yes
Subject particulars
Subject rules
Prerequisites: N/A
Co-requisites: N/A
Incompatible subjects: N/A
Equivalent subjects: N/A
Special conditions: N/A
Learning resources
Readings
| Resource Type | Title | Resource Requirement | Author and Year | Publisher |
|---|---|---|---|---|
| Readings | Essential mathematics for economics and business (third edition) | Recommended | Bradley Teresa; | JOHN WILEY AND SONS GREAT BRITAIN 2008 (REPRINTED WITH CORRECTIONS IN AUGUST 2010). |
| Readings | Any good high school mathematics textbook; TBA; | Preliminary | N/A | N/A |